SPDR S&P 500 (SPY): Foot, yeah I agree, I should be shorting...

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learningboutinv

Re: Footquarters post# 58798

Tuesday, 09/02/2008 8:15:46 PM

Tuesday, September 02, 2008 8:15:46 PM

Foot, yeah I agree, I should be shorting the bounces as my renko chart says the trend is down for the Interim term. I've got my sell button ready for this long.

We've bounced off the bottom price channel twice. So I am doing the hope/please please indicator that we don't knife right on through and retest the July bottom this week.

http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=3&mn=0&dy=0&id=p89522061136

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